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Financial Crash, Commodity Prices and Global Imbalances / Ricardo J. Caballero, Emmanuel Farhi, Pierre-Olivier Gourinchas.
- Format:
- Book
- Author/Creator:
- Caballero, Ricardo J.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w14521.
- NBER working paper series no. w14521
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2008.
- Summary:
- In this paper we argue that the persistent global imbalances, the subprime crisis, and the volatile oil and asset prices that followed it, are tightly interconnected. They all stem from a global environment where sound and liquid financial assets are in scarce supply.
- Notes:
- December 2008.
- Print version record
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